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This paper gives an overview over corporate governance and banking regulation in Germany. Particular attention is put …, some of the recommendations and suggestions made to improve corporate governance in Germany are not legally binding even …
Persistent link: https://www.econbiz.de/10003919056
Germany. For that purpose we make use of the representative German General Social Survey (ALLBUS). This survey offers data to …
Persistent link: https://www.econbiz.de/10003806186
selfinterest. We test this framework on representative survey data for Germany for the years 1991, 2000 and 2004. Our results …
Persistent link: https://www.econbiz.de/10003751302
The not-invented-here (NIH) syndrome refers to internal resistance in a company against externally developed knowledge. In this paper, we argue that the occurrence of the NIH syndrome depends on the source of external knowledge and the success of the firm that aims at adapting external...
Persistent link: https://www.econbiz.de/10009232252
Contrary to previous literature we hypothesize that interests of labor may well – like that of shareholders – aim at securing the long-run survival of the firm. Consequently, employee representatives on the supervisory board could well have an interest in increasing incentive-based...
Persistent link: https://www.econbiz.de/10011308423
Finance theory does not provide a comprehensive framework for explaining risk management within the imperfect financial … environment in which firms operate. Corporate managers, however, rank risk management as one of their most important objectives … literature and analyses the implications for risk management practice. It is distinguished between two competing approaches to …
Persistent link: https://www.econbiz.de/10011441429
Assar Lindbeck has pointed to the problem that generous welfare state institutions may in the long-run undermine those social norms which limit the costs and incentives effects of the welfare state and thus guarantee its viability. This study is the first to assess the empirical validity of...
Persistent link: https://www.econbiz.de/10003480000
. Furthermore, this effect still persists several years after the German reunification. -- Media ; beliefs ; East Germany ; GSOEP …
Persistent link: https://www.econbiz.de/10009668468
This paper examines the management practices of German firms with obligations under the EU Emissions Trading Scheme (EU …. The paper sheds light on management and trading practices, abatement behaviour, and the impact of the EU ETS on long …-term decisions, such as investment decisions or innovative capacity. The aim is to provide information on firm-internal management …
Persistent link: https://www.econbiz.de/10009668466
This paper shows that earnings losses after unemployment increase with age. First, older employees start out with relatively high earnings in comparison to employees without employment interruptions several years before the non-employment spell. This earnings advantage turns into a strong...
Persistent link: https://www.econbiz.de/10003728393